For this case we have the following equation:
P (t) = P (1 + r / n) ^ (n * t)
Where,
P: initial investment
r: interest
n: periods
t: time
she will take on her 45th birthday:
for t = 25:
P (25) = 1000 * (1 + 0.0165 / 4) ^ (4 * 25)
P (25) = 1509.31 $
Answer:
The future value of this investment when she takes her trip is:
P (25) = 1509.31 $
Answer: P * ( 1 + 7%)
Step-by-step explanation:
You included no options but the expression should go something like this:
Pn = P * ( 1 + 7%)
Where Pn is the new price
P is the current price
<em>The above formula will show the new price given the current price. </em>
Answer:
x = 5
Step-by-step explanation:
This is a simple equation if you look at it right and don't get scared by the "x."
All we need to do is figure out what times 3 = 27. We can do this easily by diving 27 by 3.
27 ÷ 3 = 9
Since our "equation" is 3(x + 4) = 27 we know whatever is in the parenthesis () has to equal to 9. We already get 4 so:
5 + 4 = 9.
3 times 9 = 27.
5 is your answer.
<u>Hope this helps and have a nice day!</u>
PS if you could mark brainliest that'd be great! I'm very close the "expert" rank. Haha, sorry I usually don't ask.
Answer:
1.) 7/20 or StartFraction 7 Over 20 EndFraction
please put this as brainliest
Step-by-step explanation:
3 investors:
1 investor= 1/4 or 5/20
2 investor= 2/5 or 8/20
1+2 investors= 13/20
3rd investor = 7/20